In June of 2021, El Salvador became the first country in the world to officially adopt Bitcoin as legal tender. The decision followed a resolution passed earlier this year by the country’s Congress and President Nayib Bukele. The move was met with both praise and criticism by many, including organizations such as the IMF, who […]Read More
Cathie Wood, the CEO of ARK Investment Management, has recently sold over 700,000 shares of the Grayscale Bitcoin Trust over the last month. ARK has been a major holder of the trust, holding a 6.6% stake in the trust at the end of December. Wood has made a significant bet on Bitcoin over the past […]Read More
Cryptocurrency exchange platform Gate.io has implemented a zero-knowledge proof protocol in a new proof of reserves method. The new technology was developed in conjunction with Mexican blockchain solutions provider Stably. The new proof of reserves system is designed to authenticate the total quantity of cryptocurrency held on the exchange’s wallets. The data is encrypted using […]Read More
Assets Russian bailiffs will soon be able to seize crypto assets such as digital tokens and financial instruments issued on distributed ledger technology (DLT) as part of debtor’s confiscation. The move is reportedly meant to facilitate the enforcement of court decisions. According to a source familiar with the matter, the Federal Bailiff Service (FSSP) of […]Read More
Bitcoin price prediction for 2021 is expected to soar past $37K by the end of the year on the back of increased regulatory clarity and a greater likelihood of an ETF product launch. The price of Bitcoin has gone through a sustained bull run, growing from around $10,000 at the start of the year to […]Read More
PancakeSwap, the leading decentralized exchange for trading Binance Smart Chain (BSC) tokens, has launched its first voting system ‘Gauges’ for its Governance Token holders. This system will allow token holders to make decisions on important matters related to the project. The voting system is designed to help the community reach a consensus on matters related […]Read More
The Republic Real Estate Investment Syndicate has announced it plans to pay dividends to users of the Avalanche blockchain. The organization says it will issue a dividend payment system as part of its Avalanche blockchain-based real estate platform, which is intended to make investment in real estate more accessible and efficient. According to their announcement, […]Read More
Hong Kong-based financial technology group Futu Holdings has announced that its subsidiary PantherTrade is looking to obtain a crypto trading license from the region’s Securities and Futures Commission (SFC). The announcement comes soon after the firm announced a $150 million Series D funding round in December last year, which was led by venture capital firms […]Read More
Four former partners of the global financial services firm GSV Capital have been accused of defrauding investors in a series of fraudulent schemes involving tokens which promised to revolutionize the blockchain industry. The United States Securities and Exchange Commission (SEC) has brought charges against the four individuals for allegedly creating and selling unregistered securities and […]Read More
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